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Reddit valued at $6B on a $250M round

reuters.com

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Re: Reddit valued at $6B on a $250M round

#131

Post by frakkingcylons »

prvc wrote: post #85
frakkingcylons wrote: post #66

What feels like a big missed opportunity for Reddit is having a front-page without the low-quality subreddits. People often say to just never visit /r/popular because of all the garbage, but it's unfortunately the only way to discover subreddits when you’re not looking for anything in particular. Sure, if you know what you're looking for, it's pretty easy to find the appropriate subreddit. But if you just want to wan…

> having a front-page without the trashy [0] subreddits Whatever makes the front page "trashy" (whatever you mean by that) would also make your hypothetical modified front page so.

You’re missing the obvious point. It should be easier to customize what you see on the front page. Clearly everyone does not share the same tastes. And it’s a huge missed opportunity to not filter the obvious low quality comments which are effectively spam.

Re: Reddit valued at $6B on a $250M round

#132

Post by chillacy »

vinhboy wrote: post #105
chambo622 wrote: post #37

Earlier quoted context omitted.

My parents in their 60s have discovered that Reddit is a great source of research to get real humans talking about a variety of topics (basically what Quora aimed to be but never was). I strongly feel they're just getting started.

Lately I have been adding "reddit" to all the questions I ask google because I know some "real" person on reddit will have a relatable answer. I too feel this is untapped potential.

There is so much blogspam and SEO gaming going on now that google results are very low quality for any topic where there's money to be made.

Re: Reddit valued at $6B on a $250M round

#133

Post by darknavi »

ngokevin wrote: post #77
MrPowers wrote: post #28

Earlier quoted context omitted.

Reddit is great if you unsubscribe from all the default subreddits and subscribe to programming subreddits (I'm subscribed to apachespark, julia, python, rust, vim, etc.). My Reddit feed now has more programming related articles than Hackernews.

worst complaint is not that but the rapidly deteriorating usability of the web versions

They haven't killed old.reddit.com (yet). I assume they see the metrics of who refuses to swap over and who doesn't.

Re: Reddit valued at $6B on a $250M round

#134

Post by bentcorner »

mtgentry wrote: post #113
n42 wrote: post #95

Earlier quoted context omitted.

unfortunately, I have found this increasingly less useful as marketers catch on.

I’ve wondered about this. Can you tell when it’s a marketer?

Sometimes it's obvious - the same user posting/commenting the same link across many related subs with very low signal and no other posting or commenting activity.

Or you see the same link and comment/post text posted by many different users.

But this is just low-effort marketing. There's a lot of content that is relevant but also marketing. Burger/chicken restaurant twitter account screenshots getting posted to a default sub, for example.

Re: Reddit valued at $6B on a $250M round

#135

Post by frakkingcylons »

efrank02 wrote: post #99
rkho wrote: post #63

Reddit is an intentionally designed dopamine machine with some areas of usefulness. There are pockets of great, high signal communities on Reddit that have not been unbundled. Discovery, however, is a mess. Some examples of some great subs: - HomeImprorvement is great for repair advice - Keto was helpful in my weight loss journey - Posture for, well, fixing my posture I've also bought and sold various digital and phy…

I’ve never spent time on r popular or the main page. If you only spend time in subs Reddit is very well designed and I think less exploitative than other social media

My issue is that you can’t serendipitously stumble upon random interesting subreddits without using the front page.

Re: Reddit valued at $6B on a $250M round

#136

Post by systemvoltage »

paulmendoza wrote: post #93

Stop raising money. Each time you do that you increase the pressure on the site to make more money to earn the valuation. If the company is valued at $6B today then it probably needs to get to at least $18B valuation in two years. How? By trying to extract even more money from the users.

I couldn't agree more. We need to build companies that are sustainable and stable, it's almost as if its a lost concept - What's wrong with a profitable company with no growth? Most companies shoot themselves in the foot and die while growing.

Hey, I guess its like a forest - a tree falls down and small seedlings take up the space. Ah, the endless cycle of human struggle.

Re: Reddit valued at $6B on a $250M round

#137

Post by perryizgr8 »

xM4ZX9PxWOxm wrote: post #118
perryizgr8 wrote: post #52

I wonder why Zuck isn't buying it. He dropped 19B on whatsapp. Surely reddit is a good deal at 6B??

Probably because most of reddit hates anything Facebook and Zuckerberg. I think a majority of the userbase wouldn't mind leaving reddit for another reddit clone just so they can stick it to Zuckerberg.

I doubt it. Zuck needs to be subtle with any changes. Just serve the ads from FB, let everything run the same for a couple of years. Then an option to login with FB creds. Then make FB login mandatory for new signups after a couple more years.

I think there is a lot of potential here.

Re: Reddit valued at $6B on a $250M round

#138

Post by perryizgr8 »

paxys wrote: post #110
perryizgr8 wrote: post #52

I wonder why Zuck isn't buying it. He dropped 19B on whatsapp. Surely reddit is a good deal at 6B??

Zuck buys (and cripples) products that are a threat to Facebook, and Reddit doesn't operate in the same space.

Reddit and similar websites are definitely a long-term threat to FB. A lot of the people I know use FB just for the messenger and almost all of the time they used to spend in FB has moved to reddit.

Re: Reddit valued at $6B on a $250M round

#139

Post by _ink_ »

goalieca wrote: post #2

Reddit seems even better than Facebook at owning your mind.

So you think on Reddit it might be possible that different groups try to manipulate the public oppinion by utilizing bots to upvote content? Even if that would be the case how is it worse in comparison to Facebook, where a single entity is manipulating the public oppinion?

Re: Reddit valued at $6B on a $250M round

#140

Post by perryizgr8 »

jessaustin wrote: post #103
perryizgr8 wrote: post #52

I wonder why Zuck isn't buying it. He dropped 19B on whatsapp. Surely reddit is a good deal at 6B??

If he wants this to go away, he should wait a while before buying a popular social media firm: https://www.ftc.gov/news-events/press-releases/2020/12/ftc-s...

Anti-trust regulation is basically dead in the US at this point. And you can bet your top dollar that Zuck/Cook/Bezos/Pichai are only going to continue trying to cripple it more. So I don't think such lawsuits are a credible threat or deterrent. Just some minimal ongoing cost of doing business.
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